Youths, small investors exempt from capital gains tax on equities

Youths, small investors exempt from capital gains tax on equities – Oyedele

Nigerian investors get full CGT relief on reinvested shares

Taiwo Oyedele, chairman of the Presidential Tax Reform Committee

Young Nigerians and small-scale investors in the capital market are fully exempt from paying capital gains tax on stock market investments. This is according to Taiwo Oyedele, chairman of the Presidential Committee on Fiscal Policy and Tax Reforms. He said the belief that equity investments attract

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David Olujinmi

David Olujinmi is a financial journalist, with a knack for reporting and analysing the capital markets. He has experience in reporting the Nigerian and African financial scene. With a Bsc in Chemical Engineering from the Obafemi Awolowo University, he has a significant grasp of numbers that has aided his understanding of the financial context.